“We worked tirelessly with our client to satisfy his 1031 exchange and accomplish his investment goals. We looked at a wide variety of potential deals,including those with credit and non-credit tenants, as well as a variety of geographies and product types.” said Mr. Colson. “At the end of the day we were able to narrow the search to a property that fits our client’s risk threshold. With this acquisition, he can also drive to see his new investment anytime.”

The free-standing CVS Pharmacy building, with drive-thru, is ideally located at the signalized intersection of N. Tatum Blvd and E Dynamite Blvd, CVS has been successfully operating at the site since it was built in 2005 under a long-term triple net (NNN) lease.